The Cboe Options Exchange is a major marketplace for trading options, which are financial contracts that give investors the right to buy or sell an underlying asset at a specified price. Established in 1973, it is one of the largest options exchanges in the world, providing a platform for various options products, including equity options and index options. Cboe offers advanced trading technology and a range of tools for market participants, including institutional investors and retail traders. It plays a crucial role in the financial markets by facilitating price discovery and providing liquidity, helping investors manage risk and enhance their investment strategies.